Dow Jones touched the all time high, US stock rallied for the fourth day, as the falling oil prices and slowing economic growth signaled the Federal Reserve for not rising interest rates this year. The Federal Reserveâs decision indicates that the economic growth is slowing, especially the housing economy. The aim of Federal Reserve is now to increase mortgage loan demand by ceasing the constant increasing of rates and fees and also added that âwe canât continue to raise rates without expecting the housing economy to sufferâ. High rates results in high cost and slow sales and low level of economic activity in housing.
General Motors has been considered as the best performing stock in the industrial average this year next comes the Intel corp. after City Group investment research boosted its earning estimation as worldâs largest semiconductor maker.
Investorâs are finding it interesting that the growing trend in the stock market may benefit them to a large extent but also on the other hand the investors are also getting worried about this growing trend may not continue for long, as the economic trend is positive and the market may change.
General Motors has been considered as the best performing stock in the industrial average this year next comes the Intel corp. after City Group investment research boosted its earning estimation as worldâs largest semiconductor maker.
Investorâs are finding it interesting that the growing trend in the stock market may benefit them to a large extent but also on the other hand the investors are also getting worried about this growing trend may not continue for long, as the economic trend is positive and the market may change.
